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> Politics

Economy Minister Stathakis declared 1.7mln Euros more in one year! (tax statement in Greek)

His family owns 51 properties

Newsroom May 11 01:18

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Greek Minister for Economy, Infrastructure, Shipping & Tourism Giorgos Stathakis has increased his annual income by 1.7 million Euros in one year, according to his official tax statement of the past financial year, released Wednesday. Stathakis appears to have deposits worth a total of 2,178,161.001 Euros in the Greek and Cypriot banks. He and Education Minister Nikos Filis were the key figures in the an investigation by the special tax audit committee of the Greek parliament. Stathakis had declared 451,061 Euros in his previous statement, meaning he accumulated 1.7 million Euros in the space of one year! Meanwhile, the Minister appears to have converted all his deposits from US dollars into Euros between 2011 and 2012, during a period his party was advocating that the Euros was not a ‘fetish’. Stathakis sold his bonds to JP Morgan, despite his open portfolios worth 436,187 Euros (buy cost) and 355,022 Euros (current price) at Morgan Stanley, Alpha Blue Chips, Hellenic Seaways and Blackrock Global. The Stathakis family seems to own 51 properties in Chania, Corinth, Attica and Achaia.

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